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PORTLAND, Maine (AP) -- The federal government says shellfish closures linked to red tide in waters off Maine Massachusetts and New Hampshire have caused a commercial fishery failure, a designation that opens the door to federal disaster assistance to the..
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AUGUSTA, Maine (AP) -- Gov. John Baldacci is taking steps to help Maine's lobster industry as it suffers through tough times brought on by the world's economic woes.
Baldacci has directed members of his administration to meet with financial institutions..
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PORTLAND, Maine (AP) -- A political action committee backing a proposed resort casino in Oxford has outspent an anti-casino PAC by a margin of nearly 18-1, with all of its money coming from the Las Vegas company that wants to build the gambling facility,..
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PORTLAND, Maine (AP) -- Maine lobstermen are talking about tying up their boats, and dealers are suggesting they haul fewer traps to get prices back up as the global economic crisis sends shivers through the state's signature fishery.
The wholesale price..
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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned an 'AA-' rating to Maine Municipal Bond Bank's (the bond bank) $50 million transportation infrastructure revenue bonds (TransCap program) series 2008A. The bonds, the first to be issued under this prog..
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BAR HARBOR, Maine (AP) -- There's plenty of electrical energy on line or on the drawing board, but getting it to market is another story, the top elected leaders in New England and eastern Canada were told Tuesday.
New England and eastern Canada have sig..
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AUGUSTA, Maine (AP) -- Taking over Tuesday as the point person for Maine's government budget of more than $6 billion, Ryan Low said he sees major financial challenges ahead as work gets under way on the state's next spending package.
"Certainly one of th..
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HALIFAX, Nova Scotia (AP) -- The Nova Scotia government confirmed Thursday it will invest $4.4 million to provide an economic lifeline to the struggling ferry service that links Yarmouth with two ports in Maine.
The Economic Development Department will g..
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NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns a rating of 'AA' to approximately $102,700,000 State of Maine general obligation (GO) bonds expected by negotiation the week of May 19. The bonds are due May 15, 2009-2018. Fitch also affirms the rating on..
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AUGUSTA, Maine (AP) -- Immigrants' rights activists went on the offensive Monday against Gov. John Baldacci's proposal to make driver's licenses more secure, saying it targets the most vulnerable, encourages aliens to drive illegally and does little to ma..
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BANGOR, Maine (AP) -- Contractors in Maine and New Hampshire have been cited by federal regulators for safety violations at a residential construction site in Hermon in which one employee was electrocuted and another injured.
Angel Valespi, 24, of Portla..
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AUGUSTA, Maine (AP) -- Pressing toward compromise over how to close a $190-million revenue gap, state budget negotiators Wednesday reviewed how they handled the sweeping topic of school system consolidation last year and discussed whether to intervene aga..
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AUGUSTA, Maine (AP) -- Much of the first of two days of public hearings on Gov. John Baldacci's latest $95-million budget-balancing package was largely a pro forma affair with few new details or questions.
But organizers said a large demonstration was pl..
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AUGUSTA, Maine (AP) -- With an existing budget gap already set at $95 million, a state panel Monday affirmed another $95 million downward revenue adjustment.
The Revenue Forecasting Committee, mirroring similar action taken in November, scaled back its r..
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PORTLAND, Maine (AP) -- Maine regulators on Wednesday signed off on the $4.6 billion sale of Maine-based Energy East to Spanish utility Iberdrola SA in a deal that affects 3 million customers from New York to Maine.
The Maine Public Utilities Commission..
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AUGUSTA, Maine (AP) -- After a long day of deliberations, Maine utility regulators Thursday night approved a negotiated agreement allowing FairPoint Communications' $2.7 billion buyout of Verizon's land lines in the three northern New England states.
The..
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AUGUSTA, Maine (AP) -- Gov. John Baldacci said Monday he will incorporate into his 2008 legislative package some of the recommendations of a task force on reducing toxic chemicals in consumer products.
"Gone are the days that protecting our people and en..
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